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File #: 0566-21    Version: A Name: Subject: Communication sponsored by Mayor Cory Mason, on behalf of the Director of City Development, seeking permission to accept the US EPA Brownfield Cleanup Revolving Loan Fund (BC-RLF) Supplemental Grant award for the City of Racine. (Grant Control# 0
Type: Communication Status: Passed
File created: 7/8/2021 In control: Finance and Personnel Committee
On agenda: Final action: 7/20/2021
Title: Subject: Communication sponsored by Mayor Cory Mason, on behalf of the Director of City Development, seeking permission to accept the US EPA Brownfield Cleanup Revolving Loan Fund (BC-RLF) Supplemental Grant award for the City of Racine. (Grant Control# 00374) Recommendation of the Finance and Personnel Committee on 07-12-2021: That the Director of City Development, or his designee, be authorized to act on behalf of the City to accept the US EPA BC-RLF Supplemental grant and to sign all forms and documents, pay all fees, and take all necessary action to undertake, direct, and complete the supplemental grant activities. Fiscal Note: The City has been awarded $500,000. There are no required matching funds from the City to receive this funding. Funds in the City’s BC-RLF are available to developers subject to a 20% funding match from the developers.
Attachments: 1. ABM USEPA BCRLF Supplemental Acceptance, 2. #0566-21 Resolution

Title

Subject: Communication sponsored by Mayor Cory Mason, on behalf of the Director of City Development, seeking permission to accept the US EPA Brownfield Cleanup Revolving Loan Fund (BC-RLF) Supplemental Grant award for the City of Racine. (Grant Control# 00374)

 

Recommendation of the Finance and Personnel Committee on 07-12-2021: That the Director of City Development, or his designee, be authorized to act on behalf of the City to accept the US EPA BC-RLF Supplemental grant and to sign all forms and documents, pay all fees, and take all necessary action to undertake, direct, and complete the supplemental grant activities.

 

Fiscal Note: The City has been awarded $500,000. There are no required matching funds from the City to receive this funding. Funds in the City’s BC-RLF are available to developers subject to a 20% funding match from the developers.